Annoying ETF. I thought I could get a couple bucks to the short side of this one after I saw multi-top reject around the 59 level. Tried a couple times but just didn't work out. But I did see some other traders channel trading this a couple times from the 58.80s down to the 58.30s which made me realize that that is another option in trading. One that I would like to explore a little more. Gotta get a little better entries right at the top of the channel towards the 58.90s. If I could work on being a little more patient I think I could trade this way. $92 loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-05 12:25:39 | NUGT | sell | $58.340 | short |
2016-04-05 12:41:00 | NUGT | sell | $58.660 | short |
2016-04-05 13:09:42 | NUGT | buy | $58.750 | 0 |
2016-04-05 14:00:06 | NUGT | sell | $58.710 | short |
2016-04-05 14:41:05 | NUGT | buy | $59.130 | 0 |
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